Hemant Kumar Ruia Group agreed to acquire 51% stake in APL Infotech Ltd from Amines & Plasticizers Limited (BSE:506248) for INR 4.5 million on March 4, 2020. Definitive agreement will be executed post receipt of necessary approvals. The transaction is approved by the Board of Amines & Plasticizers Limited. Transaction is expected to close on March 31, 2020. Hemant Kumar Ruia Group completed the acquisition of 51% stake in APL Infotech Ltd from Amines & Plasticizers Limited (BSE:506248) on March 24, 2020.